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Paraparaumu

123 Kapiti Road, Paraparaumu, Kapiti Coast

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649sqm Land area SQM
308sqm Floor area

Sleep Easy Investment


Investing here is a breeze with confirmation of the next renewal confirmed early, providing term through to 31 January 2028. Extremely tidy and well presented, the nature of the Tenant business ensures low impact on your asset and a steady stream of income for your pocket.

123 Kapiti Road commands attention in a historically coveted real estate strip. Its proximity to SH1 (Kapiti Expressway) ensures convenient access, making it a destination of choice for both local and national brand businesses. Neighbours include Mega Mitre 10, New World Supermarket and Z Service Station on the doorstep - future proofing tenant appeal. Minimal maintenance and easily managed, this will be a welcome addition to any property portfolio or attractive proposition for new investment buyers. Don't miss out on this sought-after investment offering in a region ripe with potential, act now and pave the way for long-term success.

• Pivotal 649sqm property on Kapiti Road with prominent road frontage
• 308sqm building comprising established brand Tenant - Wellington Beds
• Freehold investment with functional designed layout and quality presentation
• Annual net rental $77,070 + GST with increase to $80,000 in February 2025

Auction

Level 14, The Bayleys Building, 36 Brandon Street, Wellington, 6011

11
Jul

Time11am
Calander
Calendar
Jo Stewart

Jo Stewart

Commercial, Industrial and Development Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area details


308sqm building

Land area breakdown


Pivotal 649sqm property on Kapiti Road with prominent road frontage

Occupancy


Established brand Tenant – Wellington Beds

Rent review


Annual net rental $77,070 + GST with increase to $80,000 in February 2025

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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